Jeff Yass Susquehanna International Group
Jeff Yass is a co-founder of Susquehanna International Group (SIG), a major global trading and market-making firm. SIG is known for options expertise, quantitative trading, and a training culture grounded in probabilistic decision-making. Yass’s firm is influential across derivatives markets even though it is less of a traditional long-only stock-picking franchise.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$2.66B |
| 2 |
Amazon
AMZN
|
+$421M |
| 3 |
Citigroup
C
|
+$386M |
| 4 |
Wells Fargo
WFC
|
+$288M |
| 5 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$287M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$3.18B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.45B |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$1.45B |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$533M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$503M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.99% |
| 2 | Consumer Discretionary | 1.08% |
| 3 | Financials | 1% |
| 4 | Communication Services | 0.82% |
| 5 | Healthcare | 0.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SFIX
726
CALL
Stitch Fix
SFIX
$423M
| $65.4M | 0.01% |
2,410,700
+966,400
| +67% | +$24.8M |
|
727
PUT
Tyson Foods
TSN
$20.1B
| $65.4M | 0.01% |
1,099,400
-8,900
| -0.8% | -$549K |
|
728
CALL
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.6B
| $65.3M | 0.01% |
192,800
-34,400
| -15% | -$11.7M |
|
729
CALL
AB InBev
BUD
$155B
| $65.2M | 0.01% |
1,210,500
+45,900
| +4% | +$2.54M |
|
730
CALL
Advance Auto Parts
AAP
$2.63B
| $64.8M | 0.01% |
422,200
+33,500
| +9% | +$5.04M |
|
731
BP
BP
$110B
| $64.7M | 0.01% |
3,706,288
+2,084,353
| +129% | +$45.1M |
|
732
PUT
Occidental Petroleum
OXY
$58.4B
| $64.4M | 0.01% |
6,431,900
+201,100
| +3% | +$2.84M |
|
|
KSU
733
PUT
DELISTED
Kansas City Southern
KSU
| $64.3M | 0.01% |
355,400
+94,100
| +36% | +$16.3M |
|
734
CALL
iQIYI
IQ
$994M
| $64.2M | 0.01% |
2,844,200
+439,800
| +18% | +$9.63M |
|
735
PUT
EOG Resources
EOG
$77B
| $64.2M | 0.01% |
1,785,900
+279,600
| +19% | +$12.5M |
|
736
CALL
TJX Companies
TJX
$154B
| $64.1M | 0.01% |
1,152,300
-805,400
| -41% | -$43.4M |
|
737
CALL
iShares Core S&P 500 ETF
IVV
$894B
| $64M | 0.01% |
190,300
-71,200
| -27% | -$23.7M |
|
|
TIF
738
PUT
DELISTED
Tiffany & Co.
TIF
| $63.6M | 0.01% |
549,200
-79,100
| -13% | -$9.61M |
|
|
LNW
739
DELISTED
Light & Wonder
LNW
| $63.6M | 0.01% |
1,821,416
+420,939
| +30% | +$9.02M |
|
740
PUT
QuidelOrtho
QDEL
$1.03B
| $63.4M | 0.01% |
289,100
+32,500
| +13% | +$7.25M |
|
741
CALL
Kraft Heinz
KHC
$30B
| $63.4M | 0.01% |
2,116,400
-919,100
| -30% | -$30.6M |
|
742
PUT
Invesco S&P 500 Equal Weight ETF
RSP
$100B
| $63.2M | 0.01% |
584,900
+542,700
| +1,286% | +$58.6M |
|
743
CALL
Phillips 66
PSX
$94.5B
| $63.2M | 0.01% |
1,218,700
+158,200
| +15% | +$9.65M |
|
744
PUT
iShares Semiconductor ETF
SOXX
$41.9B
| $63.1M | 0.01% |
621,900
+184,800
| +42% | +$18.1M |
|
745
CALL
Sunrun
RUN
$2.21B
| $63.1M | 0.01% |
819,200
+132,100
| +19% | +$6.22M |
|
746
PUT
Teva Pharmaceuticals
TEVA
$44.4B
| $63.1M | 0.01% |
7,007,300
-816,100
| -10% | -$8.63M |
|
|
LVGO
747
PUT
DELISTED
Livongo Health, Inc. Common Stock
LVGO
| $62.8M | 0.01% |
448,600
-208,500
| -32% | -$25.4M |
|
748
PUT
Cummins
CMI
$78.8B
| $62.8M | 0.01% |
297,200
+29,300
| +11% | +$5.84M |
|
749
PUT
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.68B
| $62.7M | 0.01% |
601,500
-316,700
| -34% | -$33.1M |
|
750
PUT
TransDigm Group
TDG
$65.9B
| $62.5M | 0.01% |
131,600
-29,900
| -19% | -$14.1M |
|
Similar funds
Jeff Yass's Q3 2020 Portfolio in Review
As of Q3 2020, Jeff Yass held 11,604 positions worth $522B, up 26% from $415B the previous quarter. Its ten largest holdings account for 34% of the portfolio.
Jeff Yass deployed $36.2B of net new capital in Q3 2020, opening 1,567 new positions and adding to 4,405 existing holdings. Its largest new stake was iShares iBoxx $ Investment Grade Corporate Bond ETF: 2,104,687 shares worth $284M.
By sector, the portfolio is most concentrated in Technology at 2% of assets, up from 1.6% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was Invesco QQQ Trust, an estimated $3.18B trimmed.
- Jeff Yass's largest Q3 2020 buy was iShares iBoxx $ Investment Grade Corporate Bond ETF: 2,104,687 shares worth $284M.
- Jeff Yass added most to Apple in Q3 2020, an estimated $2.66B increase.
- Jeff Yass's biggest Q3 2020 reduction was Invesco QQQ Trust, cutting an estimated $3.18B.
- Jeff Yass fully exited Vanguard Short-Term Corporate Bond ETF in Q3 2020, selling an estimated $34.1M.
- Jeff Yass's ten largest holdings make up 34% of its $522B portfolio in Q3 2020.
- Jeff Yass opened 1,567 new positions and closed 1,138 in Q3 2020.
- Jeff Yass's portfolio value rose 26% quarter-over-quarter to $522B.
Based on Susquehanna International Group's 13F filing for Q3 2020, filed 16 Nov 2020.